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re: The GOP House should tie minimum wage to the CPI.
Posted on 7/28/14 at 11:58 am to kingbob
Posted on 7/28/14 at 11:58 am to kingbob
quote:
They should eliminate it at the federal level entirely. It should be a state and local issue. Personally, I don't think a minimum wage is necessary at all.
I agree from a practical stand point, but from a political stand point that won't fly.
Maybe the practical can be merged with the political. That is, tie the minimum wage to regional CPI.
1
Posted on 7/28/14 at 12:15 pm to GumboPot
Minimum Wage discussions are straw men, at best. The only real way to fix the growing class of "have nots" is to create a business environment that enhances more than just the upper class while not penalizing anyone.
Replace all personal income taxes with a national sales tax (23% rate, locked in by Constitutional Amendment so it doesn't become an election-year football). Businesses could only get in on this if no one in the company makes less than 500% of the highest-compensated employee (including benefits).
Once that's accomplished, THEN look at Minimum Wage. I would be willing to bet the situation wouldn't seem as dire then.
Replace all personal income taxes with a national sales tax (23% rate, locked in by Constitutional Amendment so it doesn't become an election-year football). Businesses could only get in on this if no one in the company makes less than 500% of the highest-compensated employee (including benefits).
Once that's accomplished, THEN look at Minimum Wage. I would be willing to bet the situation wouldn't seem as dire then.
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